Chris Powell: BIS Gold Swaps Collapse a Sign of Paper Gold Market's End?
Silver Bullion TV, Released on 11/9/22
SBTV spoke with Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action (GATA) Committee about central banks' efforts to silence gold and why the Bank of International Settlements' (BIS) gold swaps collapse this year could signal the end of paper gold markets.
00:00 Introduction01:22 Credit drying up04:56 Silencing gold08:16 Central bank gold11:01 Fed's gold swaps14:41 From West to East20:23 Time to buy or sell gold?23:13 Bifurcation of paper and physical price26:46 De-dollarization
Chris Powell is Secretary and Treasurer of GATA, the Gold Anti-Trust Action Committee.
Chris Powell: BIS Gold Swaps Collapse a Sign of Paper Gold Market's End? added by Herman James on 11/09/2022View all posts by Herman James ?+'